Director of Investment
Ian Tait has been a Director at the Water Industry Commission for Scotland since 2002. A regulatory specialist, Ian takes executive lead on monitoring the performance of Scottish Water, during a period where the company has been transformed into an upper quartile performer across the industry. As the Director in charge of overseeing Scottish Water’s investment delivery performance, Ian has responsibility for ensuring value for money from Scottish Water’s delivery of its £500m per annum capital expenditure programme.
Ian is closely involved in the development of the performance and monitoring processes at the Commission and the move to incorporate innovative approaches within the regulatory process. For example, establishing new performance measures to ensure robust monitoring of Scottish Water’s output delivery; adapting the regulatory mechanisms to incentivise greater use of innovative approaches and introducing a rolling investment programme to allow longer term planning.
He has advised the Scottish Government on the development of regulatory structures in Scotland and has also sat on the Scottish Government’s expert panel on consumer and competition policy. Ian is a non-executive board member at Revenue Scotland, the tax authority responsible for the administration of Scotland’s devolved taxes.
His previous posts include Strategic Planning Manager and Transmission System Manager at Scottish and Southern Energy (formerly Scottish Hydro-Electric). He is a Chartered Engineer, a graduate of the University of Chicago Booth’s Accelerated Development Programme and holds an MSc from the University of Strathclyde and a BSc (Hons) from the University of Dundee.